Cases of Pepsi soda are displayed at a Costco Wholesale store on April 25, 2025 in San Diego, California.
Kevin Carter | Getty Images
PepsiCo on Thursday reported quarterlyearningsand revenue that topped analysts’ expectations, despite weaker demand for its food and drinks in North America.
Shares of the company rose roughly 1% in premarket trading.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
- Earningsper share: $2.12 adjusted vs. $2.03 expected
- Revenue: $22.73 billion vs. $22.27 billion expected
Pepsi reported second-quarter net income attributable to the company of $1.26 billion, or 92 cents per share, down from $3.08 billion, or $2.23 per share, a year earlier.
Excluding restructuring and impairment charges and other items, the company earned $2.12 per share.
Net salesrose1% to $22.73 billion.
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